In the latest trading session, 8.09 million Unity Software Inc (NYSE:U) shares changed hands as the company’s beta touched 2.27. With the company’s most recent per share price at $25.12 changed hands at -$2.16 or -7.92% at last look, the market valuation stands at $10.29B. U’s current price is a discount, trading about -33.08% off its 52-week high of $33.43. The share price had its 52-week low at $13.90, which suggests the last value was 44.67% up since then.
Analysts gave the Unity Software Inc (U) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.14. If we narrow down to specifics, the data shows that 3 out of 21 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 10 recommended U as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Unity Software Inc’s EPS for the current quarter is expected to be -0.37.
Unity Software Inc (NYSE:U) trade information
Instantly U was in red as seen in intraday trades today. With action 15.12%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 11.79%, with the 5-day performance at 15.12% in the green. However, in the 30-day time frame, Unity Software Inc (NYSE:U) is 12.54% up.
The consensus price target for the stock as assigned by Wall Street analysts is 22, meaning bulls need a downside of -14.18% from its recent market value. According to analyst projections, U’s forecast low is 15 with 27 as the target high. To hit the forecast high, the stock’s price needs a -7.48% plunge from its current level, while the stock would need to tank 40.29% for it to hit the projected low.
Unity Software Inc (U) estimates and forecasts
Year-over-year growth is forecast to reach -2.21% down from the last financial year.
Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 414.36M. 15 analysts are of the opinion that Unity Software Inc’s revenue for the current quarter will be 423.15M. The company’s revenue for the corresponding quarters a year ago was 460.38M and 449.26M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -10.00%. The estimates for the next quarter sales put growth at -5.81%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -22.36%. The 2025 estimates are for Unity Software Inc earnings to decrease by -37.43%, but the outlook for the next 5-year period is at -0.10% per year.
Unity Software Inc (NYSE:U)’s Major holders
SC US (TTGP), LTD. holds the second largest percentage of outstanding shares, with 8.2158% or 32.25 million shares worth $524.39 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Growth Fund of America Inc and Vanguard Total Stock Market Index Fund. With 19.36 shares estimated at $491.27 million under it, the former controlled 4.80% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.18% of the shares, roughly 8.78 shares worth around $222.75 million.
